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Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO?
VRTL 60.69-6.2%Nov 12 3:59 PM EST

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To: Peter R Smith who wrote (1089)4/3/1998 8:47:00 PM
From: James Wright  Read Replies (1) of 1119
 
Let's not get too greedy too quickly!

I would be very satisfied if we end next week at a solid 6 1/4 to 6 1/2. Let's not get too unrealistic. A rise from 5 to 6 1/4 (a 25% gain) in just two weeks would be very, very good. If we hype this stock too much, and people start expecting this to be the next THNK (150% in two weeks), we will all get burned.

Companies like THNK are great, but the real money comes from the ability to routinely spot companies that are beginning to rise 25% to 40% and then stay around to see it happen. Sometimes those companies turn into a THNK, but expecting a THNK every time is a sure way to fret from stock to stock without the endurance to stick around and make real money.

Right now, RETX is my largest holding. So there's no doubt I'm hot on RETX. But I'm also looking for price gains over the next several weeks, not just the next several days.
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